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washington did not get a fiscal cliff deal for christmas so that means president obama and lawmakers will need to kick it to overdrive to get something done by new year's. this is easier said than done. >> after weeks of bitterness, this is not a contest of the parties between who looks good and who doesn't. >> the only thing both sides agree on now is christmas may provide a cooling off period. >> ebb can drink eggnog. have christmas cookies. sing christmas carols. enjoy company of loved ones. >> hope springers eternal. >> when the christmas trees come down tomorrow from waikiki beach and elsewhere, the nation will be staring at the cliff that economists warned could spark a new recession. the fact is both sides are further apart than the holiday messages suggest. this puts the speaker in a box leading to collapse of plan "a" of $4 trillion debt deal and the slimmeded-down plan "b." >> in the course, i offered to compromise with republicans in congress. i met them halfway on taxes and more than halfway on spen spending. >> boehner is saying that the stumbling block will lead to taxe
washington did not get a fiscal cliff deal for christmas so that means president obama and lawmakers will need to kick it to overdrive to get something done by new year's. this is easier said than done. >> after weeks of bitterness, this is not a contest of the parties between who looks good and who doesn't. >> the only thing both sides agree on now is christmas may provide a cooling off period. >> ebb can drink eggnog. have christmas cookies. sing christmas carols. enjoy...
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. >> carolyn: also at 6:30 a look behind the fiscal cliff to break them down how much l it will cost you if a deal is not reached in a week. >> both firemen are shot. >> firefighters are ambushed in new york that leads crews in the line of gunfire. local firefighters show their solidarity. stay with us >> dan: investigators are still trying to figure out why a gunman shot four firefighters as they arrived at an early morning house fire. sergio quintana has details on this shooting. we ree action from local firefighters who are obviously stunned. >> reporter: investigators in new york are trying to hammer out the details but the shooter may have sparked the house fire and waited for firefighters to arrive and then started shooting >> what should have been a radio call to coordinate an early morning fire fight is a call for help. four firefighters were targeted by a shooter. two were killed. gunman may have set the fire to lure emergency crews there. >> it does appear that it was a trap that was set for responding for first responders. >> they identified the shooter as 63-year-old will
. >> carolyn: also at 6:30 a look behind the fiscal cliff to break them down how much l it will cost you if a deal is not reached in a week. >> both firemen are shot. >> firefighters are ambushed in new york that leads crews in the line of gunfire. local firefighters show their solidarity. stay with us >> dan: investigators are still trying to figure out why a gunman shot four firefighters as they arrived at an early morning house fire. sergio quintana has details on...
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on the fiscal cliff. lawmakers and the president left washington for christmas break and are expected back in town in washington before the end of the week. >>> call it terrible timing, netflix is apologizing for its christmas eve outage. the popular streaming service sent out a tweet last night saying that engineers were working to fix the problem. according to the "wall street journal", netflix blames the outage on technical problems at amazon.com which delivers internet service for many websites. >>> russia's biggest christmas tree on display in the kremlin's cathedral square in moscow. they decorated the tree with a patriotic theme symbolizing the russian flag. many russians are eastern orthodox christians and celebrate christmas on jeanne 7 january 7th. >>> and nothing says christmas like a tree. jeanne moos explain. >> reporter: maybe if this homeowner had measured better his christmas tree wouldn't have burst through the roof. >> that's crazy. >> reporter: what's crazy is how crazy everyone is abou
on the fiscal cliff. lawmakers and the president left washington for christmas break and are expected back in town in washington before the end of the week. >>> call it terrible timing, netflix is apologizing for its christmas eve outage. the popular streaming service sent out a tweet last night saying that engineers were working to fix the problem. according to the "wall street journal", netflix blames the outage on technical problems at amazon.com which delivers internet...
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investors sold stocks yesterday at the deadline but that deal to avoid the fiscal cliff on new year's if democrats and republicans can't compromise, tax hikes will kick in, the tax policy center said families making $50,000 a year will have to pay $2,400 more in taxes. >>> the excon who lured firefighters to their deaths left a note saying he wanted to burn down the neighborhood and do what i like doing best, killing people. >> we are being shot at. multiple fireman down, i'm shot. >> that was a call that a wounded firefighter made, william spangler burned his home yesterday and waited for first responders. he was armed a gun, a shot gun and a rifle. he opened fire when crews arrived. arrived. two firefighters were killed. >> just always there for you. you just take them for granted. you don't -- >> two more wounded are still in the hospital on this christmas day. spangler took his own life. his rifle is the same make and caliber weapon used by the newtown shooter. >>> families in connecticut are trying to find solace on this christmas day. the town is still reeling from the shooting
investors sold stocks yesterday at the deadline but that deal to avoid the fiscal cliff on new year's if democrats and republicans can't compromise, tax hikes will kick in, the tax policy center said families making $50,000 a year will have to pay $2,400 more in taxes. >>> the excon who lured firefighters to their deaths left a note saying he wanted to burn down the neighborhood and do what i like doing best, killing people. >> we are being shot at. multiple fireman down, i'm...
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so that forced stores to cut prices and extend hours as consumers increased with the fiscal cliff became more cautious but not unfeeling. >> deals right now. more deals after christmas but somebody always has to open a gift at christmas. >> reporter: they had predicted a increase of 3.3%. but it just came out with a prediction of 2.5%, still an increase. reporting live, consumer editor tom vacar, ktvu channel 2 news. >>> a south bay sheet metal shop created a shiny work of art inspired by the holiday season. >> look at this. a 14-foot tall stainless steal christmas tree. >> everybody who sees it is excited. 10 people worked 500 hours to build the statue. >>> at the toy drive outside lefty o'doul's they are hoping for a christmas miracle. we will explain why they need help. >> bad accident on highway 84, but how are the rest of the roads doing? >> back here, rain to talk about for christmas day, when it starts, when it ends and how much you will see. back here in 10 minutes. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start
so that forced stores to cut prices and extend hours as consumers increased with the fiscal cliff became more cautious but not unfeeling. >> deals right now. more deals after christmas but somebody always has to open a gift at christmas. >> reporter: they had predicted a increase of 3.3%. but it just came out with a prediction of 2.5%, still an increase. reporting live, consumer editor tom vacar, ktvu channel 2 news. >>> a south bay sheet metal shop created a shiny work of...
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. >>> they are trying to reach a last minute deal to avoid the fiscal cliff. they rejected house speaker john boehner's plan "b" and they say it will not be reached until they match spending cuts. they will raise taxes on the wealthiest americans. >> we will go over the cliff because it is what the president wants. >> we will present a tax hike on middle-class americans... >> without a deal spending cuts will take affect in the new year and economists warn it could lead to a recession and big jump in unemployment. >>> and before the end of the year, right now homeowners do not have to pay tax on a portion of the mortgage short sale or principal reduction, in authority sale, they could soon own income tax on part of what they had to pay. >>> officers are looking for and they say he killed his brother-in-law. he left in an orange truck and he is considered to be armed and dangerous. >>> they are banning together to find an answer to problems putting escalators out of service. there are many things that can put escalators out of service, dropped keys and change,
. >>> they are trying to reach a last minute deal to avoid the fiscal cliff. they rejected house speaker john boehner's plan "b" and they say it will not be reached until they match spending cuts. they will raise taxes on the wealthiest americans. >> we will go over the cliff because it is what the president wants. >> we will present a tax hike on middle-class americans... >> without a deal spending cuts will take affect in the new year and economists warn...
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some measure to avert the fiscal cliff which is the tax hikes, the spending cuts, each if they deal with the spending cuts and we're waiting to see what the measure will look like. i know what a hard-hitting white house reporter you are. i want to know whether it's apple kay, pumpkin pie or peekan pie for the president and first family on christmas day. any news on the menu? >> reporter: no, i am still waiting to find out. maybe we'll find out a little later today. you don't frequently find out until they have just released it, until the white house releases the information so we'll be standing by to let you know how the president spends his holiday. nothing on his public schedule, but, you know, he normally visits with troops so we're expecting he might do that today here in hawaii. >> that would be a wonderful way to spend christmas day. brianna keilar live from honolulu, hawaii, thanks. >>> other stories in the news, all day and all night this christmas people in newtown, connecticut are paying tribute to sandy hock's victims. a kindl is being lit for each children and 6 adults a
some measure to avert the fiscal cliff which is the tax hikes, the spending cuts, each if they deal with the spending cuts and we're waiting to see what the measure will look like. i know what a hard-hitting white house reporter you are. i want to know whether it's apple kay, pumpkin pie or peekan pie for the president and first family on christmas day. any news on the menu? >> reporter: no, i am still waiting to find out. maybe we'll find out a little later today. you don't frequently...
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. >>> they are trying to avoid a deal to avoid the fiscal cliff. he rejected house speaker john boehner's plan "b" on thursday and will not support him let's on -- limits on government borrowing. the president said any deal must include raising taxes on the wealthiest americans. >> we will go over the cliff now because it is what the president wants. >> we will prey vend a tax hike. >> without a deal spending cuts and budget cuts will take affect and it could lead to another jump in unemployment. >>> they will be spending christmas in the hospital. in south africa, nelson mandela has been in the hospital since the beginning of the month. they have no plans to release him any time soon. he was originally taken to the hospital for gaul stones. >>> and for george hw bush, he might be able to go home for christmas but then they changed their mind. former former president bush bush has been receiving therapy and they say he will make a full recovery. >>> let's go to ktvu channel 2 morning news' janine de la vega, she is live at the scene and will give u
. >>> they are trying to avoid a deal to avoid the fiscal cliff. he rejected house speaker john boehner's plan "b" on thursday and will not support him let's on -- limits on government borrowing. the president said any deal must include raising taxes on the wealthiest americans. >> we will go over the cliff now because it is what the president wants. >> we will prey vend a tax hike. >> without a deal spending cuts and budget cuts will take affect and it...
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together in time to avoid the fiscal cliff? as the leaders on capitol hill try to agree, locals say they are prepared to lose billions. >> locals are brace -- brace for the possibility of cuts. here is the story. >> this morning a smiling san pan mayor ed lee was one of the first officials to show up at the annual toy drive. but it doesn't look like american cities or counties will get a lot of cheer out of washington with the pending fiscal cliff and the threat of $7.5 billion in cuts. >> most of the cuts would be in health care, welfare programs for the poor, housing. >> across the bay alameda could bety supervisor predicted. >> our wic program which is a program for mothers to get nutrition for their newborn babies, that would experience a large cut. >> education would also take a hit. >> this would undo a lot of the good of the extra taxes carolinianstns are willing to invest. particularly special needs would have cuts as much as 10 10%. also, the meals program. >> it is not just the immediate cuts that worries the local of
together in time to avoid the fiscal cliff? as the leaders on capitol hill try to agree, locals say they are prepared to lose billions. >> locals are brace -- brace for the possibility of cuts. here is the story. >> this morning a smiling san pan mayor ed lee was one of the first officials to show up at the annual toy drive. but it doesn't look like american cities or counties will get a lot of cheer out of washington with the pending fiscal cliff and the threat of $7.5 billion in...
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washington has just less than a week to reach a deal on the fiscal cliff, and right now, president obama and house speaker boehner are still far apart on an agreement. they'll be back to work on thursday to try to prevent this looming financial disaster. >>> he played the grouchy oscar on the odd couple, and tonight, hollywood is remembering jack klugman, the versatile character actor died at his california home today. from 12 angry men, he had decades of memorable roles on film and tv. jack klugman was 90 years old. >>> well, it could be a christmas of extreme weather for much of the u.s. a major storm is developing and gaining strength in the south. and it could lead to tornado outbreak. there are also warnings of hail, high winds, and heavy rain across the region. stay with cnn for the very latest on the threat of this dangerous weather. and on a much more cheerful note, here comes santa and his reindeer. norad is watching the jolly fellow, as is the tradition since 1955, tracking st. nick as he delivers all of those presents to kids around the world. i'm isha sesay in atlanta with a
washington has just less than a week to reach a deal on the fiscal cliff, and right now, president obama and house speaker boehner are still far apart on an agreement. they'll be back to work on thursday to try to prevent this looming financial disaster. >>> he played the grouchy oscar on the odd couple, and tonight, hollywood is remembering jack klugman, the versatile character actor died at his california home today. from 12 angry men, he had decades of memorable roles on film and...
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congress is expected to come back later this week as america gets closer to the fiscal cliff. some larrymakers are now calling for a small scale deal as a temporary fix. >> i think it's impossible to get any kind of grand bargain or comprehensive package. i think we're dealing right now with whether or not we can put off the increases in tax rates. that's really all we can deal with right now. >> the house will stand in recess subject to the call of the chair. >> reporter: congress recessed after republicans rejected john boehner's compromise. he proposed letting tax cuts expire for those making over $1 million a year. other republicans say it's time for a deal. >> i agree with him. i don't think we ought to increase taxes on anyone. however, we're now at a point where we're not going to get what we think is right for our economy and our country. >> with congress coming back, the president will also reportedly cut short his holiday vacation in hawaii. democrats hope mr. obama will continue to fight for a complete agreement, not just a temporary patch. >> i definitely hope that
congress is expected to come back later this week as america gets closer to the fiscal cliff. some larrymakers are now calling for a small scale deal as a temporary fix. >> i think it's impossible to get any kind of grand bargain or comprehensive package. i think we're dealing right now with whether or not we can put off the increases in tax rates. that's really all we can deal with right now. >> the house will stand in recess subject to the call of the chair. >> reporter:...
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will fall off the fiscal cliff, leading to less disposable income next year. so this year, it's taking more than a good deal for retailers to make a sale. >> a lot of people talk about value. the thing they don't talk about is affordability. so while you may think that sweater at barney's or nordstrom's is a value, at whatever price it is, you can't afford it. and affordability is something that is resonating a lot more than value. >> reporter: so the season is not expected to be a sparkling one for merchants, with gains in the low to mid single digits. discounters are expected to do better than luxury stores. but don't forget, it is the holidays, and christmas just wouldn't be the same without a few splurges. >> we kind of get in the spirit of shopping. we go, okay, okay one more, oh they'd really like that, he'd really like that-- and a little for myself, too. >> reporter: erika miller, nbr, new york. >> susie: don't let the fiscal cliff scare you away from buying stocks. that's the advice to investors from andy cross, the chief investment officer at the mot
will fall off the fiscal cliff, leading to less disposable income next year. so this year, it's taking more than a good deal for retailers to make a sale. >> a lot of people talk about value. the thing they don't talk about is affordability. so while you may think that sweater at barney's or nordstrom's is a value, at whatever price it is, you can't afford it. and affordability is something that is resonating a lot more than value. >> reporter: so the season is not expected to be a...
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with the president and congress on a short holiday break, there's been no movement on fiscal cliff negotiations. before he left washington, the president said he believes a deal could be made before the december 31 deadline. >>> u.s. troops celebrated their 12th consecutive christmas in afghanistan. service men and women attended a service at the nato base in kabul, sang some carols, then enjoyed a holiday dinner. >>> and coming up on the "morning news," he may be messy funny, jack klugman from "the odd couple "has died. a look back at his remarkable career. [ female announcer ] introducing u the latest coffee machine from nespresso. modular. intuitive. combines espresso and fresh milk. the new u. nespresso. what else? available at these fine retailers. >>> firefighters in california battled a raging river yesterday to rescue a homeless man. he was living on an island in the los angeles river and got into trouble after a fast-moving storm tore through the area. rescuers used an inflatable boat to reach the island and tossed ropes to the man which he tied around a tree. the man was taken to the
with the president and congress on a short holiday break, there's been no movement on fiscal cliff negotiations. before he left washington, the president said he believes a deal could be made before the december 31 deadline. >>> u.s. troops celebrated their 12th consecutive christmas in afghanistan. service men and women attended a service at the nato base in kabul, sang some carols, then enjoyed a holiday dinner. >>> and coming up on the "morning news," he may be...
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the fiscal cliff. >>> at the vatican, pope benedict the 16th presided over christmas eve mass. he urged people to make room for god in their busy lives. the catholic pope also prayed for peace in israel, palestine and syria. this year midnight mass was moved up two hours to 10:00 p.m. to accommodate the ageing church leader. >>> clear skies kept travelers on track at sfo today after long de lay this is past weekend. as atly reports, this day before christmas is a busy one. >> the security line snaked throughout terminal 2 in san francisco international airport this morning. travelers shuffled through to chasm flights to arrive in time for christmas morning. >> everybody twoonts go home and see family. >> friday, december 21st, was technically the businessest day of holiday travel season for sfo with 130,000 people passing through, but christmas eve isn't too far behind with 120,000 airline passengers expected to. for some holiday traveler, the last-minute journey was a matter of price. >> i picked the 24th because it was, like, $250 less than what was on saturday or sunday and
the fiscal cliff. >>> at the vatican, pope benedict the 16th presided over christmas eve mass. he urged people to make room for god in their busy lives. the catholic pope also prayed for peace in israel, palestine and syria. this year midnight mass was moved up two hours to 10:00 p.m. to accommodate the ageing church leader. >>> clear skies kept travelers on track at sfo today after long de lay this is past weekend. as atly reports, this day before christmas is a busy one....
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the deadline is closing in for a deal to ray void the fiscal cliff. avoid the fiscal cliff, billions in tax hikes and spending cuts will kick in. that uncertainty sparked another day of selling on wall street christmas eve. the dow dropped almost 52 points. >>> one of the most popular gifts under the christmas tree? gift cards. the national retail federation survey found 81% of shoppers bought gift cards this year spending an average of $150 each. >>> despite an increase in gift cards sales retailers anticipate holiday sales will be disappointing. while spending is expected to be up over last year, it is expected to be less than businesses were hoping for. >>> smart phones are a popular gift this year. next year smart cameras could be a big hit. they are already a couple on the market. nikon's new camera has wi-fi gps and many of the apps you'll find on an android smart phone. samsung's galaxy cam can also go an line allowing you to take pictures and immediately share them on social media. other companies are working on similar devices for next year.
the deadline is closing in for a deal to ray void the fiscal cliff. avoid the fiscal cliff, billions in tax hikes and spending cuts will kick in. that uncertainty sparked another day of selling on wall street christmas eve. the dow dropped almost 52 points. >>> one of the most popular gifts under the christmas tree? gift cards. the national retail federation survey found 81% of shoppers bought gift cards this year spending an average of $150 each. >>> despite an increase in...
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real nut he's cutting it short, heading home later this week to bu heading hothe fiscal cliff as well. lor:lor: nancy, the white house ouses they have a much better chance dealing with reid as opposed to boehner? >> well, jeff, essentially they're hoping-- democrats are-- that republicans will consider piis plan even if they don't rike it the last train leaving the station so that even if this is not the package that republicans would have chosen, en,t they'll vote for it anyway vote fe otherwise taxes will go taxor everyone on january 1. >> glor: nancy cordes in hawaii. nancy, thank you. the fiscal cliff could mean severe cutbacks and layoffs in cliff couelds, like many medical research. that's forcing leaders to make mugh choices right now. here's wyatt andrews. he andreporter: professor kerri mowen, like hundreds of medical kerearchers, has already fallen off the fiscal cliff. her budget-- which relies on of federal grants-- is being cut by - % now as the n.i.h.-- the national institutes of health-- prepares for the possibility of utes of hes later. >> it's much bigger than just my
real nut he's cutting it short, heading home later this week to bu heading hothe fiscal cliff as well. lor:lor: nancy, the white house ouses they have a much better chance dealing with reid as opposed to boehner? >> well, jeff, essentially they're hoping-- democrats are-- that republicans will consider piis plan even if they don't rike it the last train leaving the station so that even if this is not the package that republicans would have chosen, en,t they'll vote for it anyway vote fe...
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with the long-term fiscal health of the country which is what the fiscal cliff was initially supposed to be an incentive to do, it's really looking like a measure that is just going to try to avert the fiscal cliff itself. the white house trying to at least publicly saying what they want is to avert tax hikes on people make up to $250 per year. we also know, dana, spending cut are set to kick in. not sure how that's addressed in this measure or ultimately something the senate might take up. we wait to see what they cook up in the senate ahead of coming back to town on thursday. >> when i covered the white house and worked on christmas day, the big news you waited for all day what's the president going to do or more specifica y specifically, what is he going to eat? are they going to put out a menu? >> reporter: exactly. how many different types of pies will thereby on christmas day. expecting to get some of that information. in the past he's done what we'll expect him to do again. he frequently vision its with troops on christmas day. did that last year when he was in on oahu or alrea
with the long-term fiscal health of the country which is what the fiscal cliff was initially supposed to be an incentive to do, it's really looking like a measure that is just going to try to avert the fiscal cliff itself. the white house trying to at least publicly saying what they want is to avert tax hikes on people make up to $250 per year. we also know, dana, spending cut are set to kick in. not sure how that's addressed in this measure or ultimately something the senate might take up. we...
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he talked about president obama's reelection, the war in iraq, and the fiscal cliff. this is one hour and 10 minutes. for more information about the national press club, a visit our web site, www.press.org. to donate to the program through our national institutes, please visit press.org/institute. on behalf of our members, i would like to welcome our speaker and those of you attending today. our table includes guest of our speaker and working journalists who are members of the press club. if you hear applause, we would note that members of the general public are attending. it is not necessarily a lack of journalistic conductivity. i would also like to welcome our c-span and public radio audiences. our lunches are also featured on our weekly podcaster on the national press club. you can also follow on twitter using #npclunch. i will ask as many questions as time permits. now i would like to introduce our guest and i would ask of you to stand is your name is announced. from your right, michael phelps, publisher and ceo of the washington examiner. doris, president and ed
he talked about president obama's reelection, the war in iraq, and the fiscal cliff. this is one hour and 10 minutes. for more information about the national press club, a visit our web site, www.press.org. to donate to the program through our national institutes, please visit press.org/institute. on behalf of our members, i would like to welcome our speaker and those of you attending today. our table includes guest of our speaker and working journalists who are members of the press club. if...
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. >>> fears over if fiscal cliff dampened hopes on the stock market. >>> on the heels of a public outcry, instagram has been hit with with their first civil lawsuit. the first action suit filed in criminal court friday stems from the company's proposal to change its terms of service. an instagramish user leveled claims against the company. instagram claims the complaint is without merit. >> thousands gather to celebrate christmas. why the pope started mass two hours early today. >> and a south american have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> pope benedict xvi marked christmas eve with mass in st. peter's b
. >>> fears over if fiscal cliff dampened hopes on the stock market. >>> on the heels of a public outcry, instagram has been hit with with their first civil lawsuit. the first action suit filed in criminal court friday stems from the company's proposal to change its terms of service. an instagramish user leveled claims against the company. instagram claims the complaint is without merit. >> thousands gather to celebrate christmas. why the pope started mass two hours...
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. >>> fears over if fiscal cliff dampened hopes on the stock market. >>> on the heels of a public outcry, instagram has been hit with with their first civil lawsuit. the first action suit filed in criminal court friday stems from the company's proposal to change its terms of service. an instagramish user leveled claims against the company. instagram claims the complaint is without merit. >> thousands gather to celebrate christmas. why the pope started mass two hours early today. >> and a south american country on alert as smoke and ash rises from a volcano. the threat to people near by. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. get u-verse tv for $29 a m
. >>> fears over if fiscal cliff dampened hopes on the stock market. >>> on the heels of a public outcry, instagram has been hit with with their first civil lawsuit. the first action suit filed in criminal court friday stems from the company's proposal to change its terms of service. an instagramish user leveled claims against the company. instagram claims the complaint is without merit. >> thousands gather to celebrate christmas. why the pope started mass two hours...
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our nation just days away from potentially dropping over the fiscal cliff. today wall street was clearly worried about that possibility. we will have details on that ahead. we will also take a look back at the wildest video clips of 2012. you don't want to miss this. that's coming up at the bottom of the hour on fox report. ♪ [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. regular folks with cell phones captured some of the most funny moments of o2012. jonathan hunt has a look at this year's most unforgettable caught-on-camera moments. >> surveillance cameras are all around us. worldwide recording an estimated 4 billion hours of footage every week. and with a growing number of americans armed with smart phones we are seeing caught on camera moments like never before. 30 million surveillance cameras deployed in the united states catching your every move. >> that was probably one of the funniest t
our nation just days away from potentially dropping over the fiscal cliff. today wall street was clearly worried about that possibility. we will have details on that ahead. we will also take a look back at the wildest video clips of 2012. you don't want to miss this. that's coming up at the bottom of the hour on fox report. ♪ [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event...
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a people are getting very nervous about the fiscal cliff. i was on the show a couple of weeks ago whe and i was not a tn concerned because i thought we would get a deal done.al it is starting to hurt people.ut a good call by you. frankly, gerri, that is what will hurt stocks and investors spending or appetite as s well.e gerri: i love it when you tell me i am right. it often doesn't last very longy i have got to think when we get some real claritytt on this no matter what whether it is good x or bad for investors and taxpayers there will be a little relief in the market, don't you think? >> i think so. clarity, what a lot of people are looking for. both sides of the aisle wants to get something done, it is just what.y we talk about the s&p 500. when you look at corporate profits and the impact, potential chans in the tax relations will be on those company profits, you have to revalue the market somewhere in here which is a lower price again companies trying to have to pay the government more money. gerri: let's talk about 201 201n what we mi
a people are getting very nervous about the fiscal cliff. i was on the show a couple of weeks ago whe and i was not a tn concerned because i thought we would get a deal done.al it is starting to hurt people.ut a good call by you. frankly, gerri, that is what will hurt stocks and investors spending or appetite as s well.e gerri: i love it when you tell me i am right. it often doesn't last very longy i have got to think when we get some real claritytt on this no matter what whether it is good x...
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fiscal cliff and everything else we're trying to face. so i think it is important we all continue to advocate we share what issues matter to our people and that we're part of that. melissa: but, jim, you know, he got punished for speaking out and he is still facing a really tough economic climate. it seems you can't win for losing. should you just keep your mouth shut at this point? >> no, i don't ever think that it's wise to keep your mouth shut because i think truth is a defense and it's unfortunate if in fact the case he has been punished either by the consumer or investors for that matter for speaking out personally or politically but here's the reality of the battlefield. nothing's changed post-election. as opposed to pre-election. the uncertainty of the tax situation, the fiscal cliff that everyone is tired of hearing about, frankly. the overburdensome regulatory environment that we're in is depressing growth, particularly for small business. and i think that's a primary distinction here as we talk about business itself because all
fiscal cliff and everything else we're trying to face. so i think it is important we all continue to advocate we share what issues matter to our people and that we're part of that. melissa: but, jim, you know, he got punished for speaking out and he is still facing a really tough economic climate. it seems you can't win for losing. should you just keep your mouth shut at this point? >> no, i don't ever think that it's wise to keep your mouth shut because i think truth is a defense and...
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tell us a little bit about the fiscal cliff here. we know the senate is going to come back on thursday. do we expect the presidt to come back to washington and deal with trying to avoid these tax increases and the spending cuts? >> it really does sound like he'll be coming back, suzanne. it is not official. the white house hasn't put out a schedule update. it seems to be more a matter of when he is coming back rather than if. the senate will reconvene thursday. all eyes there as senate majority leader harry reid tries to cobble together something that can get some republican support. we'll be waiting to see exactly when president obama is coming back but we understand that the senate even though it reconvenes on thursday may not, senate democrats may not roll out a bill until closer to the new year. also get some republican support and put pressure on the house to take it up. >> we'll be following that very closely. have a wonderful christmas and of course we'll talk with you a little bit later. if there are any developments on the f
tell us a little bit about the fiscal cliff here. we know the senate is going to come back on thursday. do we expect the presidt to come back to washington and deal with trying to avoid these tax increases and the spending cuts? >> it really does sound like he'll be coming back, suzanne. it is not official. the white house hasn't put out a schedule update. it seems to be more a matter of when he is coming back rather than if. the senate will reconvene thursday. all eyes there as senate...
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Dec 25, 2012
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plunges over the fiscal cliff, and santa couldn't help right there. reportedly no new progress between the chief negotiators in reaching a deal to avoid the potential economic fallout from all of this. the lateness a live report straight ahead. jamie: we'll bring you something a little special this holiday from my talented cohost mr. kelly wright. kelly: you're so biased. jamie: take it away. ♪ have yourself a merry little christmas, make the uletide gay. from now on our troubles will be miles away. ♪ ♪ jamie: bottom of the hour. homestretch for us. time for the top of your news. pope benedict addressing the faithful today calling for middle east in his christmas mess message while blasting the killing of defenseless people in syria. kelly: gunman behind a deadly ambush on firefighters left a note and saying he would like to burn down the neighborhood and do quote, what i like doing best, killing people. the gunman had served time for killing his grandmother. jamie: a police woman who killed an american contractor in kabul is identified as irani
plunges over the fiscal cliff, and santa couldn't help right there. reportedly no new progress between the chief negotiators in reaching a deal to avoid the potential economic fallout from all of this. the lateness a live report straight ahead. jamie: we'll bring you something a little special this holiday from my talented cohost mr. kelly wright. kelly: you're so biased. jamie: take it away. ♪ have yourself a merry little christmas, make the uletide gay. from now on our troubles will be...
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Dec 25, 2012
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we are now less than one week away from the fiscal cliff deadline that is when spending cuts and tax hikes kick in automatically. law americas plan to return to washington later this week to try to hammer out a last minute deal. fears of an uncertain economy are forcing people to buy fewer gifts. buy stuff made in the usa even if it costs more. >> we have more than doubled in the past year. it is growing like crazy. people are waking up to the made in the usa issue. if we bought more of what we made in our nation we cput a lo of people to work. >> it could make for a dangerous christmas with violent storms and tornadoes may pop up in the panhandle. it is bringing a white christmas to other folks. 6 feet of snow in california. it hit the east coast overnight and all of the snow could mean headaches for 90 million americans aaa estimates are traveling over the holidays. >>> ♪ >> for 2,000 years christians all over the world celebrated the birth of jesus christ with thankful prayer and joyful song peace on earth goodwill to all is a simple christmas message. it's at the heart of jesus
we are now less than one week away from the fiscal cliff deadline that is when spending cuts and tax hikes kick in automatically. law americas plan to return to washington later this week to try to hammer out a last minute deal. fears of an uncertain economy are forcing people to buy fewer gifts. buy stuff made in the usa even if it costs more. >> we have more than doubled in the past year. it is growing like crazy. people are waking up to the made in the usa issue. if we bought more of...